BEIJING, Sept. 22 /Xinhua-PRNewswire/ -- Himfr.com ( http://www.himfr.com ) reports that 90 percent of current mechanical equipment ( http://www.hardware-wholesale.com/ ) and technology used in the manufacturing sector in Vietnam are outdated, and that most of Vietnam’s mechanical equipment were ( http://www.hardware-wholesale.com/products/ ) introduced from abroad a few decades ago. Upgrade of models and new equipment is a pending issue for the manufacturing sector. Compared with the world level, Vietnam’s mechanized industrial production level is only 50 percent. In recent years although many of the high-tech equipment are introduced into the country from abroad but some of them were 15 to 20 years behind the latest models, 38 percent of the equipment is out of the list. The Vietnamese government has recently proposed an industrial development program, with plans to invest 26 billion U.S. dollars to introduce advanced foreign equipment and technology so as to enhance domestic productivity.
China’s machinery products ( http://www.hardware-wholesale.com/quality-products/ ), because of its good quality and low price, have been highly popular in Vietnam. In next few years, Himfr.com believes that China’s machinery products will have a bright prospect in the Vietnamese machinery market. Himfr.com’s analyst forecasts that in 2003 -2010, the average annual machinery demand in Vietnam will reach about 7 billion U.S. dollars, the Vietnam Machinery Industry plans to introduce foreign capital to accelerate development.
Vietnam is now accelerating reform and opening up by developing industrial areas and infrastructure, which effectively strengthens traditional industries and emerging industries and in turn stimulates demand for import machinery ( http://www.hardware-wholesale.com/wholesale/ ) and equipment. At present the Vietnamese market starve for various equipments including construction machinery equipment ( http://www.hardware-wholesale.com/buy-machinery_equipment/ ), cement machinery and equipment, port machinery, agricultural machinery, textile machinery, numerical control machine tools, power machinery, aquatic products mechanical, electrical and construction machinery, mining machinery, plastics machinery, packaging machinery, petroleum and chemical machinery, rubber machinery, refrigeration machinery and equipment, sewing and garment machinery, printing machinery, electric power equipment ( http://www.hardware-wholesale.com/buy-electric_power_equipment/ ), and paper machinery.
